148


 PART 5

 ADDITIONAL PARAGRAPHS FOR FORM OF LETTER OF QUIET ENJOYMENT

1. Until such time as COPA has received a notice (herein, a "Lessor Rights
 Notice") from Assignee stating that Assignee has succeeded to the rights
 of Lessor under the Lease Agreement to exercise and receive any of the
 claims, rights, powers, privileges, remedies and other benefits of Lessor
 as "Lessor" under the Lease Agreement (collectively referred to herein as
 "Lessor's Rights and Powers"), COPA shall be entitled to acknowledge and
 rely upon the exercise by Lessor of all of Lessor's Rights and Powers, and
 any consent, notice, approval, amendment, waiver or release or other
 exercise of Lessor's Rights and Powers by Lessor shall be binding upon
 Lessor and Assignee for all purposes.

2. Assignee's exercise or receipt of Lessor's Rights and Powers shall be
 subject to all of the terms and conditions of the Lease Agreement, to the
 same extent as if exercised by Lessor.

3. Any security deposit, letter of credit and/or insurance payments under any
 policy maintained by Lessee pursuant to the Lease Agreement received or
 held by Assignee at any time shall be held subject to the terms of the
 Lease Agreement and shall be applied only in the manner permitted under
 the terms of the Lease Agreement.

 149


 SCHEDULE 6

 FORM OF MONTHLY STATUS REPORT

 FORM OF MONTHLY REPORT

 REPORT FOR MONTH \_\_\_\_\_\_\_\_\_\_\_\_\_

Aircraft Type: Boeing B737-800
Manufacturer's Serial Number: [ ][ ]
Engine Type: CFM56-7B26
AIRFRAME DURING PERIOD SINCE NEW
Airframe Flight Hours
Airframe Block Hours
Aircraft Cycles